target audience: TECH SUPPLIER Publication date: Oct 2023 - Document type: Market Presentation - Doc Document number: # US49870423
Industry Market Forecast: Americas Financial Services, 2023
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Abstract
This IDC Market Presentation aims to provide technology vendor product managers and those responsible for market/competitive intelligence with an industry overview of IDC spending guide forecasts numbers for IDC Americas financial services ICT forecast for 2021–2026, and it also provides insights into the regional financial services market context influencing that spend for 2023.
This document includes:
- The IDC ICT market forecast for the financial services (banking and credit intermediation, insurance, and capital markets) industry in the Americas region
- The IDC market forecast for major IT software applications for Americas financial services
- Insights into key drivers and inhibitors that had and will impact IT investment sentiment in the Americas financial services sector
The document also highlights recent initiatives by countries and organizations while providing top-level advice for technology suppliers for pursuing a business strategy to succeed in pursuing financial services clients.
"Despite turbulent economic headwinds, the financial services sector continues to be committed to technology initiatives through increased investments. The perception of technology as a cost center has shifted to seeing it as an enabler for necessary financial products and services in this highly competitive sector," says Nigel Wallis, research VP, IDC Insights.